Future Retail shareholders will receive 101 shares of FEL, for every 10 held. Compared to its last closing price of Rs 135.20 (49 percent premium), this values the Future Retail at Rs 202. … And lastly, Future Market Network shareholders will receive 18 shares of FEL for every 10 held.
If the price of Future Retail is trading below 50.83 then possibility of downside targets getting achieved is higher. If the price of Future Retail is trading above 50.83 then possibility of upside targets getting achieved is higher.
…
| Target 1 | 44.27 |
|---|---|
| Target 3 | 49.75 |
| Target 4 | 50.1 |
| Target 5 | 59.91 |
| Target 6 | 65.9 |
Future Retail shares plummeted in opening trade a day after the Delhi High Court upheld the Emergency Award (EA) order passed by the Singapore International Arbitration Centre (SIAC) against Future Retail’s Rs 24,713 crore deal with Mukesh Ambani’s Reliance.
NSE 51.85 -2.15 ( -3.98 %)
| OPEN | 54.40 |
|---|---|
| VOLUME | 2031042 |
| 52-WEEK HIGH | 95.30 |
| 52-WEEK LOW | 40.55 |
| MARKET CAP | 2811.83 |
Is future consumer a good buy?
4. Is Future Consumer a good long term investment? Past 10 years financial track record analysis by Moneyworks4me indicates that Future Consumer Ltd is a below average long term investment. However, you need to ensure you buy at a right price to earn good returns.
Who is the owner of Future Retail now?
What is the target of future retail?
Future Retail Ltd. share price forecast
| Date | Stock | Target |
|---|---|---|
| 2020-02-17 | Future Retail Ltd. | 370.00 |
| 2020-02-14 | Future Retail Ltd. | 377.00 |
| 2019-08-26 | Future Retail Ltd. | 512.00 |
| 2019-08-23 | Future Retail Ltd. | 550.00 |
Can future group survive?
If the deal goes through, then the Future group will survive, but as a shell of its former self. With all the retail assets gone, it will be valued at a lot lower than it is today, but it will have lower consolidated debt.
Will Amazon Buy future retail?
August: Amazon enters into an agreement with Future Coupons to buy a 49 per cent stake for Rs 1,500 crore. Future Coupons is a promoter of Future Group and holds a 9.82 per cent stake in the group’s retail arm, Future Retail. The deal enables Amazon to indirectly hold a 4.81 per cent stake in Future Retail.
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What is the business of future retail?
Future Retail is engaged in the business of retailing a range of household and consumer products through departmental store facilities under various formats. The company is primarily engaged in the business of multi-brand retail trade. Shares of Future Retail were trading 0.97% lower at Rs 51.05 on BSE.